Scaling from Freelancer to Business Owner

The portfolio of offerings includes a buy-before-you-sell product as well as loans geared toward small-business owners, gig workers and real estate investors. View the full article

The FHFA director, who's posted numerous updates on social media, has yet to hint at a potential Fannie Mae and Freddie Mac exit from conservatorship. View the full article

Moody's Corp., a company that grades bonds and analyzes corporations' financial performance, said it expects to earn less this year than it had previously forecast. View the full article

Don Layton, former Freddie Mac CEO, and self-proclaimed "GSEologist" predicts that a release of the two entities will occur within four to six years. View the full article

Plaintiffs raise prior accusations that the lender ignored applicants' debts in collections, and used unreasonable residual income calculations. View the full article

Nearly all respondents to the NextGen survey, Gen Z and millennial, said they want to achieve homeownership, but only about 60% considered it possible. View the full article

Two industry organizations are giving Congress and FHFA reasons to make Fannie Mae and Freddie Mac's pricing more advantageous rather than less attractive. View the full article

The way mortgage firms address distressed military borrowers will become less regimented as the Veterans Affairs Servicing Purchase program gets phased out. View the full article

In its latest financial stability report, the Federal Reserve found that asset prices continue to exceed underlying fundamentals and leverage levels remain high, especially by hedge funds. View the full article

The US bond market is starting to get some relief, with long-maturity yields falling on Wednesday after The President indicated a willingness to strike a trade deal with China. View the full article

Originators feel neutral about bombshell acquisitions and regulation news, remaining focused on inventory, mortgages rates and costs, an NMN survey says. View the full article

The so-called spec home, a spin on the American dream home with standardized color schemes and toilet fixtures, is falling out of favor with some US builders. View the full article

The comment period for the Affirmatively Furthering Fair Housing interim final rule has been extended, but consumer advocates are clear in their opposition. View the full article

Treasury Secretary Scott Bessent said he expects negotiations with trading partners over tariffs to conclude by the end of the year but acknowledged that talks with China had not yet begun. View the full article

Industry payrolls wavered in a tepid buying season in which total employment has been better than expected given government cuts. View the full article

A federal housing official pledged to take near-term action on credit score costs as two legislators have urged him not to allow fewer credit reports. View the full article

A federal judge has ordered a staff member of the Department of Government Efficiency and the Consumer Financial Protection Bureau's top lawyer to appear at an evidentiary hearing next week. View the full article

The regulator argues the company is attempting to thwart a pending enforcement action involving an alleged discriminatory appraisal in 2021. View the full article

The Sunshine State deal comes following a banner year for credit union-bank combinations, despite pushback from community banking advocates. View the full article

Federal Reserve Gov. Adriana Kugler said tighter monetary policy has proved to be less impactful on nonbank lenders during the post-pandemic era. View the full article

The reverse stock split, consolidating eight shares into one, is designed to bring the Luxembourg-based company back into listing compliance on Nasdaq. View the full article